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Wednesday, August 4, 2021

Tesla becomes the highest-rated the US car manufacturer in history

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Amit Kumar
Amit Kumar is editor-in-chief and founder of Revyuh Media. He has been ensuring journalistic quality and shaping the future of Revyuh.com - in terms of content, text, personnel and strategy. He also develops herself further, likes to learn new things and, as a trained mediator, considers communication and freedom to be essential in editorial cooperation. After studying and training at the Indian Institute of Journalism & Mass Communication He accompanied an ambitious Internet portal into the Afterlife and was editor of the Scroll Lib Foundation. After that He did public relations for the MNC's in India. Email: amit.kumar (at) revyuh (dot) com ICE : 00 91 (0) 99580 61723

What Elon Musk has achieved with Tesla it is impressive and delivery figures showed last Friday begin to affect both the market and the same valuation of Tesla, which has just been converted in the US automaker higher valuation in history.

At the time of writing this, Tesla shares already exceed $ 490, an increase of more than 5%, which is catapulting the value of Elon Musk’s company almost at $ 85 billion. Overcoming thus Ford, which set a record in 1999 after reaching 80.810 million dollars of valuation.

Tesla Inc TSLA at stock exchanges

Tesla is worth more than Ford and GM combined!

It should be noted that these figures are not adjusted for inflation and the debt of each company is not being considered, but it is certainly an achievement for a company that has fought against the current.

Despite this new feat, Tesla is still far from manufacturers such as the Japanese Toyota, whose valuation is at 232,000 million dollars, or the German Volkswagen, which today has a stock value of approximately 98,000 million dollars.

In the nine days that we have been in 2020, Tesla has seen how its shares have increased by more than 12%, and analysts already predict that those shares will close 2020 with a price of between $ 560 and $ 600. And is that Tesla’s plans for this year are more than promising.

This year marks the beginning of the operations of the Shanghai Gigafactory, as well as the deliveries of the first Model Y. It was even anticipated that they are planning to open an engineering and design center in China, where it is not ruled out that they can manufacture cars for the rest of the world.

In addition to this, Elon Musk is already in the final stages of negotiation for the construction of his next Gigafactory, which will be the first in Europe and will be located in Germany. That is, Elon Musk’s aggressive plan is paying off and has just begun.

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